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Real Estate
Reply to "How to buy AND sell a house simultaneously"
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[quote=Anonymous][quote=Anonymous]Thanks for the feedback. I'm going to have to explore this process more carefully. I could probably pay off the existing mortgage outright by borrowing from the IRA Roth and closing out mutual fund. Then when I get the new mortgage on the new house I can pay back the IRA Roth? Seems like I have 60 days to do this. Having no existing mortgage must make it easier for me to get a new mortgage for the new house. [/quote] Ask your lender about a bridge loan.[/quote]
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